The new structure – designed for a flatter, leaner and more efficient business operating model - is a part of deliberate, sequential measures that PETRONAS is undertaking to better navigate the organisation through tough external environments. It marks the start of a total group-wide transformation geared towards making it more resilient and focused to thrive both in the current and future industry landscapes. Consequently, this group-wide transformation is expected to result in redundancies of under 1,000 positions. Exhaustive efforts are on-going to re-deploy affected employees. PETRONAS will further embark on a separation exercise for these employees as needed, which is expected to be completed over the next six months. PETRONAS would like to thank its leaders and employees whom will no longer continue in the organisation’s journey for their invaluable contribution and wishes them every success for the future. PETRONAS looks forward to continued resilience and sustainable growth under the new leadership team. Source:https://www.petronas.com/media/press-release/petronas-pushes-forward-new-structure-leadership-team Explain the most suitable FIVE (5) techniques for reducing the resistance to change.
Question 1
The new structure – designed for a flatter, leaner and more efficient business operating model - is a part of deliberate, sequential measures that PETRONAS is undertaking to better navigate the organisation through tough external environments.
It marks the start of a total group-wide transformation geared towards making it more resilient and focused to thrive both in the current and future industry landscapes.
Consequently, this group-wide transformation is expected to result in redundancies of under 1,000 positions. Exhaustive efforts are on-going to re-deploy affected employees. PETRONAS will further embark on a separation exercise for these employees as needed, which is expected to be completed over the next six months.
PETRONAS would like to thank its leaders and employees whom will no longer continue in the organisation’s journey for their invaluable contribution and wishes them every success for the future.
PETRONAS looks forward to continued resilience and sustainable growth under the new leadership team.
Source:https://www.petronas.com/media/press-release/petronas-pushes-forward-new-structure-leadership-team
Explain the most suitable FIVE (5) techniques for reducing the resistance to change.
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